基于SFA的钢铁行业上市公司成本效率研究

发布时间：2018-06-23 02:07

本文选题：钢铁行业 + 成本效率　；参考：《上海师范大学》2014年硕士论文

【摘要】：钢铁行业是我国国民经济的重要支柱产业，在我国的经济建设和社会安定发展中发挥了不可替代的作用。但长期以来我国钢铁行业一直存在着产能过剩、产品竞争力弱的问题。为此本文特从效率的角度来对我国钢铁行业进行考察分析。钢铁行业上市公司作为行业的主力军，可集中体现一个国家钢铁行业的实力和发展水平。基于此，本文分析了2007-2012年我国钢铁行业上市公司的成本效率变化情况。本文在分析我国钢铁行业经营发展的实际情况的基础上，结合国内外相关研究成果，介绍了成本效率基本涵义及研究的重要性，并采用随机前沿分析方法(SFA)计算出2007-2012年间我国25家钢铁行业上市公司的成本非效率值，实证过程中，选取了反映上市公司经营策略和管理水平的6个指标，通过BC(1995)模型分析了影响我国钢铁行业上市公司成本效率的因素。最后，对全文的研究结果进行了总结，并对我国钢铁行业的发展提出了一些建议。实证研究结果显示，我国钢铁行业上市公司的成本效率水平较低，资源配置不合理和利用程度不高情况严重，成本效率尚有很大改善空间；我国钢铁行业区域发展不平衡，成本效率存在区域差异，中西部地区明显落后；影响因素指标中，除了总资产周转率与成本效率正相关，其余5个指标均与成本效率负相关。基于实证分析研究，本文认为可从以下五个方面着手改善我国钢铁行业的成本效率：加强对成本效率问题的重视程度；加大科研投入力度，提升技术创新能力；加快市场化改革，，减少行政干预；加快产业结构调整；加强与上下游行业的合作。
[Abstract]:Iron and steel industry is an important pillar industry of our national economy, which plays an irreplaceable role in the economic construction and social stability and development of our country. However, China's iron and steel industry has long been overcapacity, weak product competitiveness. Therefore, this paper makes an investigation and analysis of China's iron and steel industry from the point of view of efficiency. As the main force of iron and steel industry, listed companies in iron and steel industry can embody the strength and development level of a country's steel industry. Based on this, this paper analyzes the change of cost efficiency of listed companies in China's iron and steel industry from 2007 to 2012. Based on the analysis of the actual situation of the iron and steel industry management and development in China, this paper introduces the basic meaning of cost efficiency and the importance of the research, combined with the related research results at home and abroad. Using the stochastic frontier analysis (SFA) method to calculate the cost inefficiency of 25 listed companies in iron and steel industry in China from 2007 to 2012. In the empirical process, 6 indexes are selected to reflect the management strategy and management level of the listed companies. Based on BC (1995) model, the factors influencing the cost efficiency of listed companies in China's steel industry are analyzed. Finally, the research results of this paper are summarized, and some suggestions for the development of China's steel industry are put forward. The empirical results show that the cost efficiency of listed companies in China's iron and steel industry is low, the allocation of resources is unreasonable and the degree of utilization is not high, the cost efficiency still has great room for improvement, and the regional development of steel industry in China is not balanced. There are regional differences in cost efficiency and obvious backwardness in the central and western regions, except for the positive correlation between total assets turnover rate and cost efficiency, the other five indicators are negatively correlated with cost efficiency. Based on the empirical analysis, this paper suggests that the cost efficiency of China's steel industry can be improved from the following five aspects: strengthening the emphasis on cost efficiency, increasing scientific research input and enhancing technological innovation ability; Accelerate market reform, reduce administrative intervention, accelerate industrial structure adjustment, and strengthen cooperation with upstream and downstream industries.
【学位授予单位】：上海师范大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F406.7;F426.31

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